Corporate Office Properties Trust

Corporate Office Properties Trust, Inc. is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded on January 22,1988 and is headquartered in Columbia, MD.

Earnings data Q2 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

COPT Defense Properties is a real estate investment trust. It acquires, develops, manages, sells, and leases out office properties and data centers. The firm operates through the following segments: Defense/Information Technology Locations, Regional Office, Wholesale Data Center, and Other. The company was founded on January 22,1988 and is headquartered in Columbia, MD.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Corporate Office Properties (OFC) have what it takes?

Why Corporate Office Properties (OFC) is a Great Dividend Stock Right Now

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announces the release date and conference call details in which management will discuss first quarter 2023 results. Details: Results and Guidance Release Date:   Thursday, April 27, 2023 after the market closes Conference Call Date:   Friday, April 28, 2023 Time:   12:00 p.m.

COPT Provides Conference Call Details to Discuss 1Q 2023 Results

Corporate Office Properties Trust operates a niche portfolio of properties leased to the United States Government and its contractors. Their tenant base primarily operates in a national security, defense, and IT-related capacity.

Corporate Office Properties: Elevated Attention To National Defense Bodes Well For This REIT

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced that its President & CEO, Stephen E. Budorick, will provide an overview of the Company and participate in a question and answer session at Citi's 2023 Global Property CEO Conference. The presentation will be held on March 7, 2023 at 3:40 p.m. Eastern Time at The Diplomat Resort & Spa in Hollywood, Florida.

COPT to Present at Citi's 2023 Global Property CEO Conference

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.285 per common share for the first quarter ending March 31, 2023. This represents an increase of 3.6%, or $0.01 per share, over the most recent quarterly dividend of $0.275. The first quarter 2023 dividend represents an annualized amount of $1.

COPT Increases Quarterly Dividend by 3.6%

Corporate Office Properties Trust (NYSE:OFC ) Q4 2022 Earnings Conference Call February 10, 2023 12:00 PM ET Company Participants Venkat Kommineni - Vice President, Investor Relations Steve Budorick - President and Chief Executive Officer Todd Hartman - Executive Vice President and Chief Operating Officer Anthony Mifsud - Executive Vice President and Chief Financial Officer Conference Call Participants Jason Belcher - Wells Fargo Michael Griffin - Citi Camille Bonnel - Bank of America Anthony Paolone - JPMorgan Tom Catherwood - BTIG Steve Sakwa - Evercore ISI Dave Rodgers - R.W. Baird Operator Welcome to the Corporate Office Properties Trust Fourth Quarter and Full-Year 2022 Results Conference Call.

Corporate Office Properties Trust (OFC) Q4 2022 Earnings Call Transcript

Corporate Office Properties (OFC) delivered FFO and revenue surprises of 1.69% and 7.01%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Corporate Office Properties (OFC) Q4 FFO Surpass Estimates

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) is establishing the following guidance for the year ending December 31, 2023: 2023 Guidance. Diluted earnings per share (“EPS”) in the range of $1.45−$1.53; and Diluted FFO per share (“FFOPS”) - Nareit and as adjusted for comparability, in the range of $2.34−$2.42. 1Q23 Guidance. For the quarter ending March 31, 2023, the Company is establishing the following guidance: EPS in the range of $0.

COPT Establishes 2023 Guidance

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announced results for the fourth quarter and full year ended December 31, 2022. Management Comments Stephen E. Budorick, COPT's President & Chief Executive Officer, commented, “Our Defense/IT investment strategy, which has concentrated our portfolio near priority U.S.

COPT Reports Full Year 2022 Results

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (“COPT” or the Company) (NYSE: OFC) executed two long-term leases in January with a Fortune 500 company for two build-to-suit developments in Northern Virginia. The first project is 225,000 square feet and is scheduled for shell completion in the second quarter of 2025. The second project is 193,000 square feet and is scheduled for shell completion in the fourth quarter of 2025.

COPT Executes Over 460,000 SF of Development Leasing in 2023

COLUMBIA, Md.--( BUSINESS WIRE )--Corporate Office Properties Trust (“COPT” or the Company) (NYSE: OFC) announced the 2022 tax treatment of its common share distributions as described below. Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of COPT common share distributions.

COPT Announces Tax Treatment of 2022 Distributions

Digital Realty Trust

Medical Properties Trust

Always follow the money and pay close attention to underlying cash flows that will in turn drive shareholder returns. In this article, I will explore the "mission critical" aspect to intelligent REIT investing.

Mission Critical REIT Investing

COLUMBIA, Md.--( BUSINESS WIRE )--Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) announces the formation of two new joint ventures with entities affiliated with Blackstone Real Estate (the “Joint Venture”).

COPT Forms Two Data Center Shell Joint Ventures with Blackstone Real Estate

COLUMBIA, Md.--( BUSINESS WIRE )--Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announces the release date and conference call details in which management will discuss fourth quarter and year end 2022 results and guidance for 2023.

COPT Provides Conference Call Details to Discuss 4Q and YE 2022 Results and Management's 2023 Outlook

COLUMBIA, Md.--( BUSINESS WIRE )--Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) completed 801,000 square feet of vacancy leasing during 2022 with a weighted-average lease term of over 7 years, the Company's highest annual vacancy leasing level in 12 years.

COPT Completes 801,000 Square Feet of Vacancy Leasing in 2022

Corporate Office Properties is a uniquely positioned REIT due to its affiliation with the U.S. Government. It has strong operating fundamentals, and is moving towards a self-funding model.

Corporate Office Properties: A Value-Priced Defensive Stock

Brandywine Realty

Highwoods Properties

Kilroy Realty

Who's going into the office these days? Well, I'm sitting here typing this article from my office.

4 Ridiculously Cheap Office REITs

COLUMBIA, Md.--( BUSINESS WIRE )--Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.275 per common share for the fourth quarter ending December 31, 2022. The fourth quarter 2022 dividend represents an annualized amount of $1.10 per share and is payable on January 17, 2023, to shareholders of record on December 30, 2022.

COPT Declares 100th Consecutive Common Dividend

Corporate Office Properties Trust (NYSE:OFC ) Q3 2022 Earnings Conference Call October 28, 2022 12:00 PM ET Company Participants Michelle Layne - Manager of Investor Relations Steve Budorick - President and Chief Executive Officer Todd Hartman - Executive Vice President and Chief Operating Officer Anthony Mifsud - Executive Vice President and Chief Financial Officer Conference Call Participants Camille Bonnel - Bank of America Anthony Paolone - JPMorgan Michael Griffin - Citi Steve Sakwa - Evercore ISI Blaine Heck - Wells Fargo Tom Catherwood - BTIG Dave Rodgers - Robert W. Baird Rich Anderson - SMBC Bill Crow - Raymond James Chris Lucas - Capital One Operator Welcome to the Corporate Office Properties Trust Third Quarter 2022 Results Conference Call.

Corporate Office Properties Trust (OFC) Q3 2022 Earnings Call Transcript

Corporate Office Properties (OFC) delivered FFO and revenue surprises of 0% and 1.79%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Corporate Office Properties (OFC) Matches Q3 FFO Estimates

COPT Reports 3Q 2022 Results

REITs as an asset class do well in times of inflation. Corporate Office Properties Trust has also immunized itself from interest rate hikes. The company has been reorienting its portfolio towards the niche defense segment over the past 10 years. Now it is ready to benefit from this mix shift.

Buy Corporate Office Properties Trust To Benefit From War And Inflation

COLUMBIA, Md.--(BUSINESS WIRE)--Corporate Office Properties Trust (NYSE: OFC) (“COPT” or the “Company”) announces the release date and conference call details in which management will discuss third quarter 2022 results and announces the posting of its 2022 ESG Report and GRESB 2022 survey results. 3Q 2022 Results Details: Results Release Date: Thursday, October 27, 2022 after the market closes Conference Call Date: Friday, October 28, 2022 Time: 12:00 p.m. Eastern Participants must register for

COPT Provides Conference Call Details to Discuss 3Q 2022 Results and Publishes 2022 ESG Report

Corporate Office Properties Trust primarily serves the U.S. Government and its contractors in their mission-critical spacing needs relating primarily to defense and IT-related activities. While the portfolio is comprised principally of office space, it is more insulated from the elevated non-renewal risks facing others in the sector.

Corporate Office Properties: A Niche REIT Fit For An Uncertain Geopolitical Environment

OFC is a great option for those seeking a well-covered yield from mission-critical properties and long-term growth. It has a strong balance sheet and a promising development pipeline.

News for Corporate Office Properties Trust Stock (OFC)